this post was submitted on 18 Apr 2024
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"a constant stream of large layoffs", job numbers says otherwise. You are falling for the "report on X without context and ignore Y which counters the implication we want made by reporting upon X insistently.
How much are all those shiny new jobs paying? What's the cost of living in the areas those jobs are? How many jobs have been made? Does any of this have anything to do with the Tesla layoffs?
You are falling for the "liberal bootlicker talks confidently about things they haven't actually looked into"
Jobs numbers, stock market, and work participation are all at decades lows. But don't let those facts get in the way of your swallowing the doomer propaganda.
Most of those numbers are constantly massaged or “revisited,” similar to the way COVID price inflation wasn’t real according to numerous stats. I hear the economy is great, but thats not what most people on the street feel. The only people not upset are either pulling in more than 400k a year, are still living off profits from COVID market juicing, or sitting on large cash reserves and are enjoying high interest rates. However, I know substantially more people who are either dipping into savings repeatedly now, living with no savings, or worse off digging into credit. The market is somehow great when credit debit and delinquencies are at the highest levels ever recored, lulz Source from last week
First you lie, then you misrepresent, then you make up a completely irrelevant anecdote. All theses "substantially more people" go to a school in another town, so I wouldn't know them.
The job, stock and work numbers are at record lows for the decade? I thought they were better than ever! Don't let doublethink get in the way of your ability to critically assess the steaming pile of shit we've all been given
Employment numbers don't account for people having multiple jobs. Unemployment numbers are often fiddled to make them smaller.
Layoffs are happening. That is no secret, it is widely reported. Some people might be finding other jobs, but that doesn't mean the job they find pays as well.
Which is why the participation rate matters. Yup, they are, just in considerably less numbers than the new hires. Correct, in fact it is reported to and by the Gov. Pay rates are reported as well. No one said everyone everywhere. What was said was more new job hires than layoffs and pay rising faster than inflation. Feel free to claim whatever you like. If you could prove the claim, you'd make mint doing so.